Stocks
Holtec Nuclear Files IPO Amid Data Center Power Boom
Holtec Nuclear Corp. filed for a US IPO, aiming to capitalize on data centers' growing power demands and its strategic pivot to...
The Editorial Team 1080 articles
Finance
US CBDC Ban Takes Effect as Housing Bill Becomes Law
A four-year prohibition on a U.S. central bank digital currency (CBDC) is set to become law at midnight, embedded within a housing...
World Business
Cuba Plunged Into Darkness Again as US Lawmakers Demand More Sanctions
Cuba suffered its second nationwide blackout in a week, grappling with an aging grid and fuel shortages. Simultaneously, US lawmakers urged new...
Markets
UAE Crude Output Hits Record 4.1M BPD in June, IEA Confirms
The UAE boosted crude oil production to an all-time high of 4.1 million barrels a day in June, IEA reports, marking a...
Finance
Japan Producer Prices Hit Fastest Pace Since Early 2023, Bolstering BOJ Rate Hike Case
Japan's corporate goods prices rose 7.1% in June, the fastest pace since early 2023, strengthening the Bank of Japan's position for further...
Markets
Goldman Sachs Curbs Employee Prediction Market Trading
Goldman Sachs has banned employees from trading on prediction markets, citing compliance concerns. This move reflects a broader trend among financial firms...
Investing
Robotti Calls Out McDermott’s Rights Offering: Undervaluation, Insider Control Concerns
Longtime investor Robotti & Company urges McDermott International to amend its rights offering, claiming the $1.50/share price massively undervalues the business and...
World Business
Epoch Times Ex-CFO Pleads Guilty in $67M Multinational Money Laundering Scheme
The former CFO of The Epoch Times, Weidong “Bill” Guan, pleaded guilty to conspiracy in a $67 million money laundering scheme, admitting...
Economy
Fed Chair Warsh Assembles Five Expert Task Forces for Comprehensive Policy Review
Federal Reserve Chairman Kevin Warsh has launched five independent task forces, co-led by external advisors, to critically examine the Fed's methods, analytical...